In a nation with excessive population growth, and unskilled labor, the production possibilities curve tends to: Group of answer choices Increase at a decreasing rate. Remain unchanged. Reach the unattainable point. Shift to a point on the graph which reflects growth. Increase and then decrease.
In a nation with excessive population growth, and unskilled labor, the production possibilities curve tends to: Group of answer choices Increase at a decreasing rate. Remain unchanged. Reach the unattainable point. Shift to a point on the graph which reflects growth. Increase and then decrease.
Chapter23: Growth And Less Developed Countries
Section: Chapter Questions
Problem 12SQ
Related questions
Question
In a nation with excessive population growth, and unskilled labor, the production possibilities curve tends to:
Group of answer choices
Increase at a decreasing rate.
Remain unchanged.
Reach the unattainable point.
Shift to a point on the graph which reflects growth.
Increase and then decrease.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you